Fed chair to speak tonight. What he says will probably dictate the direction of the markets tomorrow. Personally, I see no easing of inflation in the short to medium turn. Not with the way the US are spending on bills and Ukraine donations etc. It will eventually get to a point where something major will take place in 2023, one way or the other. It can’t keep trickling along like this. There is either going to be a massive crash or a massive reset of some sorts imo.
If the worst takes place it’s good to have that gold as a hedge. Copper looking like it’s on a roll right now, probably with inventory news and some signs of a covid change of direction in China. But for how long?
Ann: HIGH GRADE COPPER AND GOLD INTERSECTED AT AVOCA TANK, page-19
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $232.2M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.8¢ | 23.5¢ | $262.7K | 1.099M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 295511 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 46453 | 7 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| AIS (ASX) Chart |